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Tuesday, 03/14/2017 7:53:58 AM

Tuesday, March 14, 2017 7:53:58 AM

Post# of 35275
Namaste Signs MOU With Vinergy (VNNYF)

http://www.marketwired.com/press-release/namaste-signs-mou-with-vinergy-cse-n-2202674.htm


VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2017) - Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(OTCQB:NXTTF)(FRANKFURT:M5BQ) is pleased to announce that it has entered a memorandum of understanding ("MOU") with Vinergy Resources Ltd. ("Vinergy"), to jointly market Vinergy's proprietary Cannabidiol (CBD) extract formulations through referral traffic generated on Namaste's sales channels and websites.

In the first phase of the collaboration, through channels in California, Colorado and potentially other legal States, Namaste will market Vinergy's proprietary formulations to consumers in its database of 300,000 customers.

Management Commentary

Mr. Sean Dollinger, President and CEO of Namaste, comments: "We are very pleased to work with Vinergy to further expand our product line. This relationship represents continued monetization of Namaste's database and we view broadening our strategic alliances to the benefit of our customers and shareholders".

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For those that don't know Vinergy, well they just got the Bacardi chairman (RUM) on their board.

Vinergy Resources/MJ BioPharma Appoints Mr. Facundo Bacardi to Board of Directors

http://www.marketwired.com/press-release/vinergy-resources-mj-biopharma-appoints-mr-facundo-bacardi-to-board-of-directors-cse-vin-2201737.htm

Also, on Feb 14, 2017, VNNYF announced a Technological Breakthrough in their Oral Cannabinoid Strip and Time Release Capsule technologies.

Also, on Feb 22, 2017, VNNYF announced that it will acquire a 65% interest in a Health Canada and FDA Licensed Laboratory (Biolennia Laboratories) to Pursue Drug Testing and Dosage of CBDs, THC and Terpenes.

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